District C: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
District C
Largest movements
- Cash +€56,682
up €56,682 (+30.3%), from €187,080 to €243,762
mainly Other debts (+€159,832) and Net result for the year (+€71,503)
- Other debts +€159,832
up €159,832 (+1767.5%), from €9,043 to €168,875
- Profit (loss) carried forward -€131,955
down €131,955 (-86.0%), from €153,458 to €21,503
- Tax, wage and social debts +€21,770
up €21,770 (+57.4%), from €37,925 to €59,695
- Trade debts +€4,200
up €4,200 (+126.3%), from €3,326 to €7,526
- Gross operating margin +€28,448
up €28,448 (+43.8%), from €64,970 to €93,418
- Taxes +€5,389
up €5,389 (+39.0%), from €13,822 to €19,211
- Depreciation +€1,370
up €1,370 (+111.8%), from €1,225 to €2,595
- Financial income -€1,165
down €1,165 (-38.3%), from €3,043 to €1,878
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €205,752 | €259,599 | +€53,847 | +26.2% |
| Fixed assets | 21/28 | €12,604 | €10,426 | -€2,178 | -17.3% |
| Tangible fixed assets | 22/27 | €12,604 | €10,426 | -€2,178 | -17.3% |
| Plant, machinery and equipment | 23 | €5,916 | €4,431 | -€1,485 | -25.1% |
| Furniture and vehicles | 24 | €6,688 | €5,995 | -€693 | -10.4% |
| Current assets | 29/58 | €193,148 | €249,173 | +€56,025 | +29.0% |
| Amounts receivable within one year | 40/41 | €3,811 | €2,910 | -€901 | -23.6% |
| Trade receivables | 40 | €3,811 | €1,210 | -€2,601 | -68.2% |
| Other amounts receivable | 41 | - | €1,700 | +€1,700 | |
| Cash at bank and in hand | 54/58 | €187,080 | €243,762 | +€56,682 | +30.3% |
| Deferred charges and accrued income | 490/1 | €2,257 | €2,501 | +€244 | +10.8% |
| Total equity and liabilities | 10/49 | €205,752 | €259,599 | +€53,847 | +26.2% |
| Equity | 10/15 | €155,458 | €23,503 | -€131,955 | -84.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,458 | €21,503 | -€131,955 | -86.0% |
| Amounts payable | 17/49 | €50,294 | €236,096 | +€185,802 | +369.4% |
| Amounts payable within one year | 42/48 | €50,294 | €236,096 | +€185,802 | +369.4% |
| Trade debts | 44 | €3,326 | €7,526 | +€4,200 | +126.3% |
| Suppliers | 440/4 | €3,326 | €7,526 | +€4,200 | +126.3% |
| Taxes, remuneration and social security | 45 | €37,925 | €59,695 | +€21,770 | +57.4% |
| Taxes | 450/3 | €37,925 | €59,695 | +€21,770 | +57.4% |
| Other amounts payable | 47/48 | €9,043 | €168,875 | +€159,832 | +1767.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,225 | €2,595 | +€1,370 | +111.8% |
| Other operating charges | 640/8 | €631 | €1,027 | +€396 | +62.8% |
| Gross operating margin | 9900 | €64,970 | €93,418 | +€28,448 | +43.8% |
| Operating profit (loss) | 9901 | €63,114 | €89,796 | +€26,682 | +42.3% |
| Financial income | 75/76B | €3,043 | €1,878 | -€1,165 | -38.3% |
| Recurring financial income | 75 | €3,043 | €1,878 | -€1,165 | -38.3% |
| Financial charges | 65/66B | €1,136 | €960 | -€176 | -15.5% |
| Recurring financial charges | 65 | €1,136 | €960 | -€176 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €65,021 | €90,714 | +€25,693 | +39.5% |
| Income taxes | 67/77 | €13,822 | €19,211 | +€5,389 | +39.0% |
| Profit (loss) for the period | 9904 | €51,199 | €71,503 | +€20,304 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,199 | €71,503 | +€20,304 | +39.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.